Indicator: Kaufman AMA Binary Wave

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It’s pretty simple: 1 = buy, -1 = sell, 0 = neutral. You can experiment with the filter percentage and period to suit your taste. IMO, this is a good confirmation indicator.

I have also added an option to highlight the potential buy/sell areas.

[Update: April 2014]

Updated script to work around the recent TV engine changes: pastebin.com/aUkLWDaw

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